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Jan 23, 2013
01/13
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. >> jeff, how much of this has to do with -- i saw one of your tag lines for steve jobs. when he died, it was known in the pipeline we had 18 months still left of apple ideas. how much do you think people are just saying it's over? >> i think it sort of is over. we talked about this in november when i said, you know, what's good to be next? you come out with iphones and hot flashy colors? i think they're actually doing that. i think they're coming out with the tooty fruity one. i said that facetiously. if that's your idea of innovation, tuti fruity colors instead of black and white, i think it's over. >> if we close below 480, we could see 425 quickly and you said you think it's ultimately going lower. what are your guesses on that? >> oh, i don't know. probably somewhere in the 300 zone, ultimately, would be a sensible place. it would be cheap there, probably. we have to see how the world economy looks and everything else about the company. but that's the level where it's really cheap. >> and the huge cash stockpile? $137 billion, a lot of that value investors will say t
. >> jeff, how much of this has to do with -- i saw one of your tag lines for steve jobs. when he died, it was known in the pipeline we had 18 months still left of apple ideas. how much do you think people are just saying it's over? >> i think it sort of is over. we talked about this in november when i said, you know, what's good to be next? you come out with iphones and hot flashy colors? i think they're actually doing that. i think they're coming out with the tooty fruity one. i...
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Jan 23, 2013
01/13
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now it will be steve 19. there's no austerity. >> what michael is saying in a very long-winded way is don't fight the fed. not fighting the fed. the fed, europe, japan's now with b to go hog wild. >> sure, sure. >> the whole world is printing new money. >> abe, the new prime minister of japan, japan is at least discussing a new quantitative easing scheme for them. they are going to be printing a lot of yen. >> the point is all that tends to be good for assets like stocks? >> very stimulative. europe will have to start printing money as well to deal with their issues so you don't want to fight that liquidity. >> earnings don't matter then? >> earnings do matter. i think probably revenue will matter a lot more than earnings by the end of 2013. earnings matter and fundamentals matter but the backdrop is we know what we think may not be relevant or what bernanke thinks is relative, he'll keep this a liquid environment for the foreseeable future. >> jim bianco, earnings matter. steve's liked to the earnings so far
now it will be steve 19. there's no austerity. >> what michael is saying in a very long-winded way is don't fight the fed. not fighting the fed. the fed, europe, japan's now with b to go hog wild. >> sure, sure. >> the whole world is printing new money. >> abe, the new prime minister of japan, japan is at least discussing a new quantitative easing scheme for them. they are going to be printing a lot of yen. >> the point is all that tends to be good for assets like...
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Jan 23, 2013
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. >> to have their own version of steve jobs. an internet this tradition, they sell accessories associated with it, slick user interface, they have tons of followers on their social networking site, that is a company most americans haven't heard of because it is mostly sold in china. liz: everybody remember that. i have looked at all that is happening with investing in money. capital expenditures, you expanded and spend some money in sharp, when will we see it pay off there? >> the money we invested in sharp was for the investment in display technology we have been working on them with. some look at the financial state of some of those japanese display companies and say things must be bad. what we know is they have some great technologies so we are providing technology they have with technologies we have and we are hopeful that can come to the market relatively soon. we haven't made a product launch yet, but that will come relatively soon. liz: what is the number one question you would love to have answered? that would help you r
. >> to have their own version of steve jobs. an internet this tradition, they sell accessories associated with it, slick user interface, they have tons of followers on their social networking site, that is a company most americans haven't heard of because it is mostly sold in china. liz: everybody remember that. i have looked at all that is happening with investing in money. capital expenditures, you expanded and spend some money in sharp, when will we see it pay off there? >> the...
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Jan 23, 2013
01/13
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to have some monster share of the overall profits of the wireless industry concerns about this post steve jobs era. >> i think there may have been a little bit of drop back in the vision. tim cook has been running this company operational for many years. the company has been so strong in the past. monster revenue number, monster revenue cap. i do think that you cannot expect each incremental innovation to be something that is simply stunning. lori: paul, walking us to apples it is earnings report. thanks again. you want to keep it here for complete earnings. sandra smith is on after the bell at 4:00 p.m. eastern. secretary of state hillary clinton defending the administration's response to the benghazi attacks. lou dobbs weighs in just ahead. melissa: we are hitting the road with the american trucking association. ♪ the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles
to have some monster share of the overall profits of the wireless industry concerns about this post steve jobs era. >> i think there may have been a little bit of drop back in the vision. tim cook has been running this company operational for many years. the company has been so strong in the past. monster revenue number, monster revenue cap. i do think that you cannot expect each incremental innovation to be something that is simply stunning. lori: paul, walking us to apples it is...
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Jan 23, 2013
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. >> steve weiss? >> you know, the stock has come down, as you point out, but apple is not without blame here in terms of the decline in the stock. there aren't that many companies that miss three out of five quarters that hold an all-time high price. but one issue i'd like you to address, as john pointed out, what apple gets in terms of subsidies is far above, almost 50% what a better selling phone gets from the phone companies. and verizon was very vocal and has been as is at&t about cutting back on that subsidy. with other companies picking up more share, doesn't apple have less of a stand to say we want to keep that subsidy? >> well, the carriers have also been vocal apple has better usage trends. so when you get an iphone in your hands, although the carriers had to pay a larger upfront subsidy, they also get a higher stream of monthly service contract fees on a go-forward basis, and i think as long as apple can bring out innovative products and drive customer taste, the carriers will have to go al
. >> steve weiss? >> you know, the stock has come down, as you point out, but apple is not without blame here in terms of the decline in the stock. there aren't that many companies that miss three out of five quarters that hold an all-time high price. but one issue i'd like you to address, as john pointed out, what apple gets in terms of subsidies is far above, almost 50% what a better selling phone gets from the phone companies. and verizon was very vocal and has been as is...
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Jan 23, 2013
01/13
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let's go to steve. >>> good morning, in for steve this morning we have gray skies out the door and we'll watch the showers fall over the area. we're seeing mostly cloudy conditions. a few returns picked up over the sonoma county airport. so santa rosa perhaps picking up a little bit of light rain this morning but most of us remain dry with our best chance coming later today, giving you a look you can see the plume off the coastline. if i squeeze in closer, a little bit of drizzle falling over the peninsula, this mid- level moisture and not hitting the ground yet. getting out to walk the dog, you will notice not as well. we're a lot warmer with the overcast skies and the moisture continues in place. a cooler afternoon, though, widespread mid-50s to low low 60s in the forecast. here is a look at your extended forecast. showers on tap for today. dry by tomorrow. friday, cloudy and cool. but we remain dry into the weekend. second half of the weekend looks like we could be bet. we'll hold ontop -- dash we'll -- we'll hold onto temperatures. coming up i will give you the time line on this. >>>
let's go to steve. >>> good morning, in for steve this morning we have gray skies out the door and we'll watch the showers fall over the area. we're seeing mostly cloudy conditions. a few returns picked up over the sonoma county airport. so santa rosa perhaps picking up a little bit of light rain this morning but most of us remain dry with our best chance coming later today, giving you a look you can see the plume off the coastline. if i squeeze in closer, a little bit of drizzle...
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Jan 23, 2013
01/13
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host: steve says -- danielle is up next in illinois, democrat. -- daniel. caller: good morning. house republicans are talking about cutting out money and holding up salaries and spending and crying but the country is broke. we know that we live in one of the richest nations on earth. and our president obama knows that wealth is a result of the common wealth. i hope the republicans don't think the democrats are playing checkers with them. if the republicans don't wake up and listen to the will of the people, at least by 2016 it will be checkmate. they will lose everything. host: on facebook -- david in florida, republican. caller: thanks for taking my call. the president and both houses should now be setting an example of good housekeeping. no same family spends more than they earn. everyone i know says the government is out of control. thank you. his advice to the republicans as they face president obama's second term. we will hear from republican later this morning, a member of the house of representatives from nebraska, congressman terry, and a little while. first, congressman
host: steve says -- danielle is up next in illinois, democrat. -- daniel. caller: good morning. house republicans are talking about cutting out money and holding up salaries and spending and crying but the country is broke. we know that we live in one of the richest nations on earth. and our president obama knows that wealth is a result of the common wealth. i hope the republicans don't think the democrats are playing checkers with them. if the republicans don't wake up and listen to the will...
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Jan 23, 2013
01/13
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steve cohen, amid this big investigation on insider trading is in davos. a number of people have seen him walking around saying hello to people. i don't know if he's talking about the investigation. at a time you might think he would hide, he is out and about. a lot of people talking about who is not here almost sometimes as important as who is on the list. among those who are not coming this year, some big questions about what this means, what it says about davos. the whole google contingent, they used to throw a huge party friday nights the past several years, they opted out completely. what does that mean? bill clinton a regular is not here. and jim bryan and while we're on the air j. they're interviewing derek jeter of all things. i don't know if you can think of derek jeter as a guy at davos. they did lunch together and tina brown tweeting up a storm was actually about lance armstrong. derek said he should have admitted his mistake and moved on but that he fooled everyone, including me, i know, joe, you weren't that fooled. that's what's been going on
steve cohen, amid this big investigation on insider trading is in davos. a number of people have seen him walking around saying hello to people. i don't know if he's talking about the investigation. at a time you might think he would hide, he is out and about. a lot of people talking about who is not here almost sometimes as important as who is on the list. among those who are not coming this year, some big questions about what this means, what it says about davos. the whole google contingent,...
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Jan 23, 2013
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we've also got the survey that steve leesman came up with, the phrase i like, precarious stability. this is the first time, as he puts it, that we're meeting in davos without an imminent crisis upon us. we know the impact of the ecb's otr suggestions. we know the money that other central banks are putting in. we're through the u.s. elections, ahead of the debt ceiling debate. in some sense there isn't an immediate crisis. it's a question now whether ceos can get through the real economic fundamentals. in some ways we're betwiked and between, kelly. >> i like the scarf, ross. >> yeah. that's the point. look, there's plenty to come on our coverage today. let me recap some of the people we're going to be talking to. john lipinski, formerly of the imf. and hamish tyrwhitt, construction group out of australia. we saw rates dip a little today. suggesting there's room to cut rates. and the executive dean of peking university. we're more relaxed about china, more relaxed than three or four months ago. we'll get the inside there. all of that is coming up on today's "worldwide exchange." how
we've also got the survey that steve leesman came up with, the phrase i like, precarious stability. this is the first time, as he puts it, that we're meeting in davos without an imminent crisis upon us. we know the impact of the ecb's otr suggestions. we know the money that other central banks are putting in. we're through the u.s. elections, ahead of the debt ceiling debate. in some sense there isn't an immediate crisis. it's a question now whether ceos can get through the real economic...
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Jan 23, 2013
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sergio had not appeared, i think it's very likely chrysler would have been allowed to liquidate. >> steve rattner, who was head of the presidential task force on the auto industry, sat across from marchionne at the bargaining table during the height of the economic crisis. rattner believes that chrysler's demise could have cost 300,000 american jobs up and down the industrial supply chain. >> was he a tough negotiator? >> brutally tough, yeah. he--but that's part of why he's successful. >> in the end, marchionne and fiat got a 20% stake in the brand-new, slimmed down, debt-free chrysler plus a $6-billion high interest loan from the u.s. treasury, just for taking the auto company off the government's hands and running it. he used the $6 billion to modernize chrysler plants with state-of-the-art equipment to improve quality, upgraded 16 existing models in just 18 months, and began integrating chrysler and fiat's operations. obviously, you saw something in chrysler that you thought would fit well with fiat? >> yeah, from a product standpoint, they were the other half of the coin. when you pu
sergio had not appeared, i think it's very likely chrysler would have been allowed to liquidate. >> steve rattner, who was head of the presidential task force on the auto industry, sat across from marchionne at the bargaining table during the height of the economic crisis. rattner believes that chrysler's demise could have cost 300,000 american jobs up and down the industrial supply chain. >> was he a tough negotiator? >> brutally tough, yeah. he--but that's part of why he's...
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Jan 23, 2013
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sick and tired of the congressional gridlock steve cohen of memphis introduced a bill this week which would require states to use independent redistricting commissions in drawing those maps. here we in to talk about his bill and what he expects during president obama's second term, is congressman steve cohen. welcome to "the war room"." >> thank you good to be with you. >> michael: do you think they would or could pass this bill. >> whether they would is doubtful but it's an important bill because we have gridlock and the reason for that is too many districts are concerned about the primary and the far right and far left and they don't have to work with the whole community or the center, because of the partisan redistricting which we have in most states are drawn up just to suit their people or make them overwhelmingly ohio. ohio went for the president. ohio went to sherrod brown but yet 12 of the 16 districts drawn up by the ohio legislature were republican. that's not right. it does not reflect the will of the people. it reflects the lines they've drawn. it makes it that those the r
sick and tired of the congressional gridlock steve cohen of memphis introduced a bill this week which would require states to use independent redistricting commissions in drawing those maps. here we in to talk about his bill and what he expects during president obama's second term, is congressman steve cohen. welcome to "the war room"." >> thank you good to be with you. >> michael: do you think they would or could pass this bill. >> whether they would is...
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Jan 22, 2013
01/13
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this one from steve king. they say outspoken republican from iowa among the first congressional lawmakers to weigh in on the inauguration. he issued a statement more than three hours before president obama ceremonially took the oath of office for his second term. senator jeff sessions, an alabama republican, refused to criticize the i dress. host: to douglas, nashville, tennessee, democratic caller. caller: good morning. host: what are your throughouts on the inaugural address? caller: i thought it was wonderful. i thought the speech was very insightful and i believe that he talked about we the people and together we can do the things he set out to do. host: he talked about social security, climate change, equal rights for gay couples and women. is that your priority list? caller: i'm not sure it's in that order but the president has a hard job and congress has yet to work together with him and i believe that we have good republicans and over 50% of the country agreed with the position of the president and i b
this one from steve king. they say outspoken republican from iowa among the first congressional lawmakers to weigh in on the inauguration. he issued a statement more than three hours before president obama ceremonially took the oath of office for his second term. senator jeff sessions, an alabama republican, refused to criticize the i dress. host: to douglas, nashville, tennessee, democratic caller. caller: good morning. host: what are your throughouts on the inaugural address? caller: i...
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Jan 22, 2013
01/13
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thank you, steve. teaching my students, under studies at georgetown university, but before i continue with this process, i just wanted to also thank the members of the presidential inaugural committee who provided us with tickets. i hope you got tickets if you didn't see them, and their amazing work and, really, putting together a very exciting weekend here in our nation's capitol. i want to thank them for the day of service that not only took place here in washington, d.c., but across the united states of america. millions of people signed up, volunteered, and made a difference. dr. martin luther king, jr. would have been proud we used his birthday weekend not just to party and celebrate, but to remember what he called us often to do, and that, ladies and gentlemen, is to serve and to answer the call, and, yet, i want to thank the dnc staff and others who worked throughout the christmas and throughout the holidays to ensure we also had a good time as well. so my only thing, i was working yesterday. yo
thank you, steve. teaching my students, under studies at georgetown university, but before i continue with this process, i just wanted to also thank the members of the presidential inaugural committee who provided us with tickets. i hope you got tickets if you didn't see them, and their amazing work and, really, putting together a very exciting weekend here in our nation's capitol. i want to thank them for the day of service that not only took place here in washington, d.c., but across the...
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Jan 22, 2013
01/13
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thank you, steve. >>> prince harry is returning home after a five-month deployment in afghanistan. he served as gunner in an apache helicopter. >> it wasn't done in the wrong way, it was just -- >> prince harry was stationed with a simple bunk and a phone while he was there, he did learn his sister-in-law, the duchess of cambridge, is expecting a baby. >> seems very unfair that they were forced to publicize it when they were. but that's just the media for you. i only hope she gets the necessary protection for her to enjoy the privacy that that comes with. >> now, when asked prince harry said he did kill taliban fighters during his deployment. that's sparked fears of possible retaliation. >>> 7:15. a man from texas was one of the victims killed in the hostage standoff in algeria. now his family is trying to cope with the loss. >> i could association my brother getting in a -- associate my brother getting in a car and getting killed but terrorism and texas don't get together. >> victor lovelady had just
thank you, steve. >>> prince harry is returning home after a five-month deployment in afghanistan. he served as gunner in an apache helicopter. >> it wasn't done in the wrong way, it was just -- >> prince harry was stationed with a simple bunk and a phone while he was there, he did learn his sister-in-law, the duchess of cambridge, is expecting a baby. >> seems very unfair that they were forced to publicize it when they were. but that's just the media for you. i only...
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Jan 22, 2013
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my brother steve, the inventor, innately grasps this challenge. so must we. the speaker pro tempore: the gentlewoman's time has expired. for what purpose does the gentlelady from california seek recognition? >> to address the house for one minute. the speaker pro tempore: without objection, the gentlewoman is recognized for one minute. >> mr. speaker, i also rise to recognize the 40th anniversary of the supreme court roe v. wade decision this landmark decision granted american women the right to make their own personal health decisions. in consultation with her family and her faith and without government intrusion. mrs. capps: however, this right has been under steady attack in recent years with a clore goal, to make it so difficult to obtain a safe and legal abortion that it's become de facto illegal. but i'm among those who remember what what it was like when women were pushed into the shadows to get care and we cannot go back to that dangerous time. the truth is, none of us can walk in the shoes of each woman, facing an unwanted pregnancy. so let's use thi
my brother steve, the inventor, innately grasps this challenge. so must we. the speaker pro tempore: the gentlewoman's time has expired. for what purpose does the gentlelady from california seek recognition? >> to address the house for one minute. the speaker pro tempore: without objection, the gentlewoman is recognized for one minute. >> mr. speaker, i also rise to recognize the 40th anniversary of the supreme court roe v. wade decision this landmark decision granted american women...
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Jan 22, 2013
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. >> and i am brian flores in for dave clark, let's look at weather with steve. >>> it's still not too bad, we had a long stretch of some good weather, kind of hazy sunshine and higher clouds will not get here until later tonight. maybe some rain tomorrow and today hazy sunshine and 60s, here is sal. >>> good morning, highway 4, traffic here looks slower as you come over the willow pass grade, and also the morning commute is looking good on the san mateo. all that and more minutes ahead, now let's go back to the desk. >>> a manhunt in oakland for two suspects who shot and wounded a police officer. s.w.a.t. teams are on the scene where the shooting happened shortly before 6:30. ktvu channel 2 morning news alex savage is at the scene and tells us what led up to the shooting. >> reporter: these men apparently confronted an undercover police officer and one of them opened fire on that officer. they continue to search for those two other armed men who escaped and as you can see the neighborhood remains closed. the s.w.a.t. team is out here still but we do get the since the search is winding
. >> and i am brian flores in for dave clark, let's look at weather with steve. >>> it's still not too bad, we had a long stretch of some good weather, kind of hazy sunshine and higher clouds will not get here until later tonight. maybe some rain tomorrow and today hazy sunshine and 60s, here is sal. >>> good morning, highway 4, traffic here looks slower as you come over the willow pass grade, and also the morning commute is looking good on the san mateo. all that and...
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Jan 22, 2013
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this is despite the price target cut by ubs and steve. he sounded the caution on apple. citing supply checks a long time ago, but didn't take the price target down until today. citing a story by customer intelligence showing customers are buying older iphones with less memory, which could continue to pressure margins. he's cutting 2013 eps 25%. really, reflective of what has gone on on wall street so far in the past couple of weeks, as there's sort of this steady stream of, i don't know, reality recognition. >> i think apple's fine. no one wants to hear it's fine. they want to put every single chip on apple or bet against apple. sometimes stocks are just fine. >> tell you what would have been good to put chips on at the beginning of the year, travelers. up more than 4%. one of the best performing dow components of the year. people never know what to say about it. even the wires can't really give you the color, because it's a difficult one to understand sometimes. >> storms are good. storms raise your premiums. have you tried to look at flood insurance, how much it's gone
this is despite the price target cut by ubs and steve. he sounded the caution on apple. citing supply checks a long time ago, but didn't take the price target down until today. citing a story by customer intelligence showing customers are buying older iphones with less memory, which could continue to pressure margins. he's cutting 2013 eps 25%. really, reflective of what has gone on on wall street so far in the past couple of weeks, as there's sort of this steady stream of, i don't know,...
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Jan 22, 2013
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i'm steve handelsman, nbc news, washington. >>> president obama never used the words "democrat" or "republican" in his second inaugural address, but his political message was crystal clear. a full-throated embrace of progressive policies, along with a directive for our leaders to spear head the challenges that define us as individuals and as a country. >> the commitments we make to each other through medicare, medicaid and social security, these things do not sap our initiative. they strengthen us. they do not make us a nation of takers. they free us to take the risks that make this country great. we will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations. we, the people, still believe enduring security and lasting peace do not require perpetual war. and we must be a source of hope to the poor, the sick, the marginalized. the victims of prejudice. our journey is not complete until our gay brothers and sisters are treated like anyone else under the law. our journey is not complete until we find a better way to welcome the
i'm steve handelsman, nbc news, washington. >>> president obama never used the words "democrat" or "republican" in his second inaugural address, but his political message was crystal clear. a full-throated embrace of progressive policies, along with a directive for our leaders to spear head the challenges that define us as individuals and as a country. >> the commitments we make to each other through medicare, medicaid and social security, these things do not...
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Jan 22, 2013
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>> steve: very nice! more kids would play stringed instruments if they could do that in school. >> gretchen: as my son would say, that was sick! that was amazing. i love it. >> steve: their new album is available everywhere, right? >> everywhere. >> brian: if everyone buys it, you can get real cellos, because these have no bodies. they need some help. >> gretchen: you are fantastic. >> steve: thank you very much. >> gretchen: coming up, forget everything you heard about the food. why healthy things like asparagus and oatmeal are really devils in disguise. we'll reveal it coming up. you you you you so, we all set? i've got two tickets to paradise! pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fiftee
>> steve: very nice! more kids would play stringed instruments if they could do that in school. >> gretchen: as my son would say, that was sick! that was amazing. i love it. >> steve: their new album is available everywhere, right? >> everywhere. >> brian: if everyone buys it, you can get real cellos, because these have no bodies. they need some help. >> gretchen: you are fantastic. >> steve: thank you very much. >> gretchen: coming up, forget...
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Jan 22, 2013
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. >> steve, thank you very much for joining us. >> my great pleasure. thank you. >> 47 million in 2012. he stays in california, tax bill is $29 million. so if he moved to florida, he would save $6.25 million. >> the tax bill is 29 million? >> 29 million out of 47. that's not bad. that's pretty good. but he could move to florida and keep half, basically keep half instead of keeping 18 out of 47. >> for a guy who is on the road a lot of the time. >> and then the asteroid thing, i saw what al rockier was able to -- he got a lot of mileage out of that story. >> so are you about to make a confession? >> it's not really true. today i'm feeling fine. coming up, i'm going to start being more open. >> more open? i know everything about you. >> to viewers. >> our viewers know just about everything, too. >> if i feel like i have to burp, i am going to -- >> you are not a closed book. >> could you be more open than al roker about something? >> probably not. >> probably not. so every little thing happens to me. >> oh, boy, viewers, look out. >> anyway, if you've eve
. >> steve, thank you very much for joining us. >> my great pleasure. thank you. >> 47 million in 2012. he stays in california, tax bill is $29 million. so if he moved to florida, he would save $6.25 million. >> the tax bill is 29 million? >> 29 million out of 47. that's not bad. that's pretty good. but he could move to florida and keep half, basically keep half instead of keeping 18 out of 47. >> for a guy who is on the road a lot of the time. >> and...
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Jan 21, 2013
01/13
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steve more of the "wall street journal" senior economic writer joins me on the phone. what did you think about that? >> great to be with you. you know, the problem for chuck schumer is not so much getting republicans to get used to it. what about all those red state democrats in the senate. those are the people that are probably hyperventilating right now over what chuck schumer said if you look at the l.a. tour map, there are six, seven, or eight red state democrats that face reelection in 2014. melissa, i don't think too many of them are relishing the idea of voting for another tax increase. i wonder whether the chuck schumer, harry reid budget could pass the senate, even with just democratic votes because you have so many people that are up for reelection that are going to be very reluctant to stick their necks out and vote. by the way, as you know, we just had a $600 billion tax increase in the fiscal cliff negotiations. plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel th
steve more of the "wall street journal" senior economic writer joins me on the phone. what did you think about that? >> great to be with you. you know, the problem for chuck schumer is not so much getting republicans to get used to it. what about all those red state democrats in the senate. those are the people that are probably hyperventilating right now over what chuck schumer said if you look at the l.a. tour map, there are six, seven, or eight red state democrats that face...
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Jan 21, 2013
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we have "the weekly standard" writer steve hayes, kiersten powers and kiersten, first to you. this day and moment and president. >> he wants to celebrate this incredible nation and this is really a day for everybody, not just for people who support barack obama. as an american watching this, it's a great day to watch the president of the united states being supported. megyn: especially during the bloody political battles. everyone is there, it is peaceful, it is uniquely american. >> i was down there in the crowd earlier and people are so top of it. i thought how wonderful it is. super so many people, it is inspiring. inspiring in terms of barack obama's personal story. also i think for people to say, in our country, despite the division and anger and political faction that we see almost daily, we come together and celebrate democracy. all of us go to the polls, all of us have a vote. the last time around the president spoke about accountability and responsibility on a freezing day four years ago. this time around, i think there has to be a greater effort in this speech is to
we have "the weekly standard" writer steve hayes, kiersten powers and kiersten, first to you. this day and moment and president. >> he wants to celebrate this incredible nation and this is really a day for everybody, not just for people who support barack obama. as an american watching this, it's a great day to watch the president of the united states being supported. megyn: especially during the bloody political battles. everyone is there, it is peaceful, it is uniquely...
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Jan 21, 2013
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steve, did you bring your malls car to workings steve? >> every day. >> thank sal. >>> we do have clear skies and today will be the last really warm day because tomorrow this system inches closer and instead of an offshore breeze, there definitely a lot of cloud cover and this will be the warmest day of the week and we still get that easterly breeze as it helps coast and bay so increasing clouds tomorrow and by wednesday, it brooks laich a pattern change, maybe some light rain to the north bay and it does not look like a lot. 46 in san francisco, 29 also in concord, livermore, 32, yet half-moon bay, 53 degrees. there is your offshore breeze, offshore, offshore, offshore. just turned westerly and it might be about 10 minutes old, and if you are 53 it has to be offshore. easterly breeze for one more day will turn and we'll see increasing clouds coming in tomorrow. that northwest breeze will not be as strong as it was over the weekend and cold lows away, really mild and closer to it. low-to-mid 60s and 60s antioch, santa cruz gilroy and a po
steve, did you bring your malls car to workings steve? >> every day. >> thank sal. >>> we do have clear skies and today will be the last really warm day because tomorrow this system inches closer and instead of an offshore breeze, there definitely a lot of cloud cover and this will be the warmest day of the week and we still get that easterly breeze as it helps coast and bay so increasing clouds tomorrow and by wednesday, it brooks laich a pattern change, maybe some light...
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Jan 21, 2013
01/13
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i'm steve kroft. precious commodities are, by definition, rare, valuable, and in high demand, and very often they're located in places that are difficult to reach and sometimes dangerous. this edition features stories that take us down into the world of sharks, deep into the heart of africa, and onto the high seas for a look at the dark side of big-time commercial fishing. we begin with gold. there's a demand for gold for investments, for the circuits in cell phones and computers, and of course for jewelry. and mining it often comes at a huge cost, one of which you probably haven't heard very much about. in the democratic republic of congo, gold and other minerals are fueling the deadliest conflict since world war ii. in november of 2009, scott pelley went to the heart of central africa and found a campaign of rape and murder being largely funded by gold that's exported to the world. >> this is a gold mine in eastern congo, dug from the side of a mountain by the bare hands and stooped backs of 100 men
i'm steve kroft. precious commodities are, by definition, rare, valuable, and in high demand, and very often they're located in places that are difficult to reach and sometimes dangerous. this edition features stories that take us down into the world of sharks, deep into the heart of africa, and onto the high seas for a look at the dark side of big-time commercial fishing. we begin with gold. there's a demand for gold for investments, for the circuits in cell phones and computers, and of course...
SFGTV2: San Francisco Government Television
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Jan 21, 2013
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i do not think -- steve jobs working in his career came up with stuff. i did not know that steve jobs was working in that group on the computer. we want to have space for that. we need space for innovation, it is a constant challenge. the power of the conventional is so overwhelming and the convergence is so powerful that to try to innovate is exhausting in government. let me tell you. in spite of that, i am ready for several more years of innovation. i hope you are. i hope california is. [laughter] [applause] >> for this next question, let's pretend that president obama is sitting in this chair. but pretend this is a private room -- let's pretend this is a private room. we need everyone out there to be quiet. if you were here along with the president, what are the two things you would tell him you need to make your state more competitive or all states more competitive? >> i think and i am an unabashed supporter of the president. i do not think all his policies are perfect but he has done a remarkable job of coming into an almost impossible situation in
i do not think -- steve jobs working in his career came up with stuff. i did not know that steve jobs was working in that group on the computer. we want to have space for that. we need space for innovation, it is a constant challenge. the power of the conventional is so overwhelming and the convergence is so powerful that to try to innovate is exhausting in government. let me tell you. in spite of that, i am ready for several more years of innovation. i hope you are. i hope california is....
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Jan 20, 2013
01/13
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thanks steve. >> steve: you bet. a group overcome treacherous seas to victory in one of the world's most dangerous races. modeled for success. it does a body good. and also the secret to winning yourself a nobel peace prize? sign us up! ♪ >> all right. it's one of the most dangerous ocean races around. sailing from sydney, australia to taz mania, in 1998 a group of amateur sailors overcame hurricane winds and monstrous waves to push it victory. the story of triumph and survival provides lessons in teammate. the author of "into the storm" lessons in teamwork. and dennis perkins, welcome. you weren't at this race. >> i wasn't at this one, i did another one, but wasn't there in '98. >> brian: first off, you have a smaller vessel than most, a huge storm and somebody said go around the storm and did. these guys went into it. and why did that work? what did we learn from that? >> what we learned from that, here you have a group of people who are in a small boat and the temptation is to turn around and run for safety. tes
thanks steve. >> steve: you bet. a group overcome treacherous seas to victory in one of the world's most dangerous races. modeled for success. it does a body good. and also the secret to winning yourself a nobel peace prize? sign us up! ♪ >> all right. it's one of the most dangerous ocean races around. sailing from sydney, australia to taz mania, in 1998 a group of amateur sailors overcame hurricane winds and monstrous waves to push it victory. the story of triumph and survival...
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Jan 20, 2013
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okay, steve. before we go, i have to ask you about the manti t'eo story, the notre dame football star who had the imaginary girlfriend who died. yesterday he talked to espn and he claims he was duped. what say you? >> i say he's duping us. i don't think that a star linebacker at notre dame is going to have an imaginary girlfriend like a blowu blowup l that he never meets that he talks about and talks about, and after notre dame says he told them she didn't exist, he still was going on with it, so unfortunately i think this was to raise his profile which it did, but i hope the bears don't draft him. >> well, i don't know about the bears, but i can tell you this. i mean, you know, for notre dame to stand by his side, that's pretty scary. i'm starting to question their judgment as well. >> he brought a lot of to the university. what are they going to do. they've got crisis management experts. >> it's all about the team, steve. anyway, thanks for being with us. >>> all right. now, we've talked a lot t
okay, steve. before we go, i have to ask you about the manti t'eo story, the notre dame football star who had the imaginary girlfriend who died. yesterday he talked to espn and he claims he was duped. what say you? >> i say he's duping us. i don't think that a star linebacker at notre dame is going to have an imaginary girlfriend like a blowu blowup l that he never meets that he talks about and talks about, and after notre dame says he told them she didn't exist, he still was going on...
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Jan 19, 2013
01/13
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steve jobs. do you know who these two guys are? i don't know how this guy got in the picture but these two this is jim and mike. if p you were canadian like me, you'd know. these are the guys who created the blackberry. this one. which a lot of people still use. the problem with these guys is when the makers of the blackberry first saw the iphone they looked at it and said, not really, probably a flash in the pan. look at what happened. take a look at blackberry versus iphone sales. blackberry sales are the ones in the red line. iphone sales in the other line. go back to 2007 when this all started, the iphone came out. these sales were going similarly. in 2010, the reason the iphone jumped the way it was is a lot of major companies who until then had only let their staff use blackberries bowed to the pressure to use the iphone and said let's get iphones in there. iphones took off. they've come down, as well, a little recently, but see what happened to blackberry? those sales just dropped off. but blackberry's maker, research in mot
steve jobs. do you know who these two guys are? i don't know how this guy got in the picture but these two this is jim and mike. if p you were canadian like me, you'd know. these are the guys who created the blackberry. this one. which a lot of people still use. the problem with these guys is when the makers of the blackberry first saw the iphone they looked at it and said, not really, probably a flash in the pan. look at what happened. take a look at blackberry versus iphone sales. blackberry...
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Jan 19, 2013
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. >>> a stiff sentence for a high profile burglary, the man who broke into the late steve jobs' palo alto home last year was sentenced to seven years in prison yesterday. 35-year-old karim mcfarland was found guilty of breaking into the house of late apple co-founder steve jobs. he pleaded no contest to stealing at least two computers, an ipad, jewelry, jobs' wallet and driver's license. the former san jose state football player also pleaded no contest to four other bay area burglaries. in addition to prison time he has been ordered to pay restitution to all of his victims. >>> repairs to the fenders of the bay bridge will begin on tuesday. the fenders were damages when the oil tanker sideswiped the bridge january 7th. c caltran officials say the fender system absorbed the impact as it was designed to do so the main pier has no structural damage. the project is expected to last about four and a half months. altransallocated up to $3 million for the repairs. >>> still ahead on "today in the bay," a big change for travelers at local airports, what the tsa is getting rid of. >>> plus br
. >>> a stiff sentence for a high profile burglary, the man who broke into the late steve jobs' palo alto home last year was sentenced to seven years in prison yesterday. 35-year-old karim mcfarland was found guilty of breaking into the house of late apple co-founder steve jobs. he pleaded no contest to stealing at least two computers, an ipad, jewelry, jobs' wallet and driver's license. the former san jose state football player also pleaded no contest to four other bay area...
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Jan 19, 2013
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. >> steve. >> is pretty hurt to know what will stand up to the supreme court and what won't. we just have a ruling from the seventh circuit court of appeals in chicago at the element cannot conceal to carry some constitutional under the supreme court's second amendment. the federal appeals court in new york took exactly the opposite view. if you go back and read the supreme court decisions, they suggest there's a fair amount of latitude for the democratic government to regulate guns, but they also put a definite boundary on how far those can go. an outright ban on handguns like in chicago before, like washington d.c. hackers to fraud. that is a second amendment right goes too far to extend the right of self-defense that the supreme court found to emulate the home is another question entirely. i think ultimately probably what happens in congress is not going to be greatly affect getting greatly constrained by what the supreme court is going to allow. the court on things like regulation of a particular type of guns, waiting periods, background checks and things like that will p
. >> steve. >> is pretty hurt to know what will stand up to the supreme court and what won't. we just have a ruling from the seventh circuit court of appeals in chicago at the element cannot conceal to carry some constitutional under the supreme court's second amendment. the federal appeals court in new york took exactly the opposite view. if you go back and read the supreme court decisions, they suggest there's a fair amount of latitude for the democratic government to regulate...
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Jan 18, 2013
01/13
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steve was talking earlier about research in motion. it's been thon path to the upside for a while now and so has nokia. nokia has had a little pullback now but they've got china mobile. right now apple, what you're preying on is the second half for apple right now. the new release of a lot of their products. obviously i think their earnings are going to be extremely strong but then what? i think you've got to look a little further out and say this is going to be a second half of the year story for apple. >> don't strong earnings from apple, joe, erase almost all of the questions that are hanging over the street and this stock right now? >> i think they have to be very, very strong earnings. i think that's great commentary by pete. many people including myself are trying to manage this on a day by day basis and market time and i don't think that is what you do with apple. you keep it as an investment. to fully answer your question i think much of the unfolding story for apple that is going to be known is a story that is going to evolve
steve was talking earlier about research in motion. it's been thon path to the upside for a while now and so has nokia. nokia has had a little pullback now but they've got china mobile. right now apple, what you're preying on is the second half for apple right now. the new release of a lot of their products. obviously i think their earnings are going to be extremely strong but then what? i think you've got to look a little further out and say this is going to be a second half of the year story...
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Jan 18, 2013
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let's go to steve. >>> thank you. overall, it will be a sunny day. some temperatures are cold, cold. 20s, others in the 30s. there's 50 degrees. right along the embarcadero i saw a 50-degree reading. some areas are very, very mild. santa rosa is in there. concord, antioch, fairfield, napa, san jose, 35. oakland, 42. 49 in san francisco. tori and dave? >> all right. our time now, 7:26. now dozens of deaths all over the country have blamed on the flu. how the bay area is affected and where you can still find the flu vaccine. >>> dangerous waves at mavericks this weekend and not just for surfers. we'll tell you about an important surf advisory when "mornings on 2" continues. ♪ ♪ conquer dinner. one cut of meat at a time. the everyday collection. by target. >>> high surf is great for pro surfers but dangerous for beachgoers. that's why several areas are offlimits ahead of the maverick surfing competition. tara moriarty has more on the beach warnings live from half moon bay. good morning, tara. >> report
let's go to steve. >>> thank you. overall, it will be a sunny day. some temperatures are cold, cold. 20s, others in the 30s. there's 50 degrees. right along the embarcadero i saw a 50-degree reading. some areas are very, very mild. santa rosa is in there. concord, antioch, fairfield, napa, san jose, 35. oakland, 42. 49 in san francisco. tori and dave? >> all right. our time now, 7:26. now dozens of deaths all over the country have blamed on the flu. how the bay area is affected...
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Jan 18, 2013
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steve is right here. we can all say a collective thank you to steve. he's telling us the weather is changing. >> i was going to say do i owe you money? >> i'm glad you have such control. >> i do. i put the order in. we do have a nice pattern coast and bay. temperatures really warmed up but 27 in santa rosa to 49 in san francisco. i mean just tremendous difference. livermore is 29. oakland is 40. it will be in the 50s and 60s to even upper 60s near 70 toward santa cruz. here is sal. >>> steve, we have a problem on the peninsula i will get to in a moment. on the golden gate bridge the traffic does look good heading south. i want to show you the maps here if i can. there is a big problem on the peninsula southbound 280 at wood side road. car and several deer on the road collided. injury crash. and now the freeway is almost entirely blocked. you can take 101 as your alternative. we will have more on this coming up in a few. let's go back to the desk. >>> last night firefighters in hayward discovered an unresponsive woman after an apartment house caught fir
steve is right here. we can all say a collective thank you to steve. he's telling us the weather is changing. >> i was going to say do i owe you money? >> i'm glad you have such control. >> i do. i put the order in. we do have a nice pattern coast and bay. temperatures really warmed up but 27 in santa rosa to 49 in san francisco. i mean just tremendous difference. livermore is 29. oakland is 40. it will be in the 50s and 60s to even upper 60s near 70 toward santa cruz. here is...
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Jan 18, 2013
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steve also. >> hey, bill. >> i'm sure you heard steve go through some of those and you heard steve's characterization. here is the times. they're going through these as we speak right now. they call it a sign of an institution finally lurking into action. is that how you recall it? >> no. i don't think that characterization is fair or accurate. what we did not know but i don't think many others did either, what we did not know is that there were so many banks that had a large, huge portfolios of sub prime paper, long-term, long maturity, sub prime, financed with very short-term commercial paper, a few weeks, and practically no capital. we should have understood that better and we didn't. >> august meeting. you are the first to push for a discount rate cut and liquidity measure. some people calling you prescient today. what were you thinking at the time and how difficult was it to get others to think that way with you? >> well, as i remember, the -- i think the august meeting you have in front of you, i think it was august 7 is what i remember. >> yes. >> that was just before the mark
steve also. >> hey, bill. >> i'm sure you heard steve go through some of those and you heard steve's characterization. here is the times. they're going through these as we speak right now. they call it a sign of an institution finally lurking into action. is that how you recall it? >> no. i don't think that characterization is fair or accurate. what we did not know but i don't think many others did either, what we did not know is that there were so many banks that had a large,...
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Jan 18, 2013
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. >> steve: we'll see more tricks in the after the show show. by the way, because on sunday joe biden is getting sworn in, a special edition of "fox & friends" will be here live sunday morning. >> gretchen: hop on for our after the show show. have a fantastic week. see you monday. breaking developments in the siege of the sahara, that hostage crisis involving u.s. oil workers overseas. we're getting new reports that the terrorists want to swap the americans for jailed terror leaders in africa. more than 100 people taken hostage. dozens of other are still unaccounted for. this story is changing by the hour. good morning. that's where we start, i'm bill hemmer live in "america's newsroom". martha: good morning. i'm martha maccallum. details are very murky. an american plane reportedly landing in algeria overnight following a raid to save hundreds of people held captive in a natural gas complex in the dessert. here is secretary of state hillary clinton. >> because of the fluidity and the fact that there is a lot of planning going on, i can not give
. >> steve: we'll see more tricks in the after the show show. by the way, because on sunday joe biden is getting sworn in, a special edition of "fox & friends" will be here live sunday morning. >> gretchen: hop on for our after the show show. have a fantastic week. see you monday. breaking developments in the siege of the sahara, that hostage crisis involving u.s. oil workers overseas. we're getting new reports that the terrorists want to swap the americans for jailed...
WHUT (Howard University Television)
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the bbc's steve rosenberg has more. he joins me from moscow. an extraordinary story. do we have any idea what lies behind it? >> we do not know for sure. russian police have launched an investigation. what we found out today is that he had faced intimidation over the last few months of. the tires on his car were slashed recently. he suffered a cyber attacks. and of course, a physical attack, which has left him battling for his eyesight. we believe he will be flown to belgium, to a special burn unit later today to try to help the treatment. >> the bolshoi is something russians are extraordinarily proud of. is it known that there is a great degree of politics, and possibly very nasty politics, inside the bolshoi? >> yes, it is no secret there is not -- there is a lot of politics to this jewel of russian culture. and certainly, the suspicion is talking to people today at the bolshoi, that this could be the result of some fighting there. the director of the bolshoi said today that he is 100% certain that the attack is related to the artistic director's activities. this co
the bbc's steve rosenberg has more. he joins me from moscow. an extraordinary story. do we have any idea what lies behind it? >> we do not know for sure. russian police have launched an investigation. what we found out today is that he had faced intimidation over the last few months of. the tires on his car were slashed recently. he suffered a cyber attacks. and of course, a physical attack, which has left him battling for his eyesight. we believe he will be flown to belgium, to a special...
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Jan 18, 2013
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>>steve: it's big and fat. >> a whale? >>steve: it's a walrus. [playing tape] >> i should have known that. >>gretchen: no. no you shouldn't have. >>steve: sounds like that one's got a hammer. got another one? >> i'll get this one. [playing tape] >> that's got to be some -- >>gretchen: jack, i love you. you're being very logical right now. it's not a mouse trying to open a door. [playing tape] >>steve: lives under water. >> got to be a dolphin or willamette or -- dolphin or whale. >>gretchen: all right. >>steve: the final sound. listen to this. [playing tape] >> a snake. >>steve: what kind? >> a rattlesnake. >>steve: you're right! stop there. the day before we played that, we watched kimba in the jungle. we are ill-suited to answer these questions. did i call him kimba? simba. >>gretchen: he thought it was an unfair question. >>steve: if there is anyone it is a fair question to, it is a guy who works with animals. >>gretchen: lance armstrong lied to the sports world. how did he get away with it for so long? >>steve: live outside, can we get on tha
>>steve: it's big and fat. >> a whale? >>steve: it's a walrus. [playing tape] >> i should have known that. >>gretchen: no. no you shouldn't have. >>steve: sounds like that one's got a hammer. got another one? >> i'll get this one. [playing tape] >> that's got to be some -- >>gretchen: jack, i love you. you're being very logical right now. it's not a mouse trying to open a door. [playing tape] >>steve: lives under water. >> got to...
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Jan 18, 2013
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also rick santelli from the cme in chicago and steve liesman is also on set today. howard, did you see ge today? >> i saw the top one. i haven't had a chance to look at the line. >> line above expectations. >> bottom line was -- >> stock is called higher. overall how we doing so far? >> really the earnings season is conforming to expectations. the market's looking for this quarter to verngs up about 7%. operating earnings. let me frame this for you a little bit. 2011, the fourth quarter was actually the weakest quarter for earnings. so the comparison is a little bit easier now, you know, this year versus last year. and this year the fourth quarter is going to be the strongest quarter for earnings. looks like the economy ended the year with a little bit more momentum than many of us have thought. if you ack loot autos, housing, retail sales, industrial production, ongoing improvement and weekly unemployment claims the economy has a little bit of moment up here. more than a little bit. i think that's positive for earnings. and we're seeing that. the earnings season is
also rick santelli from the cme in chicago and steve liesman is also on set today. howard, did you see ge today? >> i saw the top one. i haven't had a chance to look at the line. >> line above expectations. >> bottom line was -- >> stock is called higher. overall how we doing so far? >> really the earnings season is conforming to expectations. the market's looking for this quarter to verngs up about 7%. operating earnings. let me frame this for you a little bit....